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In a move aimed at motivating employees and a source of wealth creation,&nbsp;Swiggy has announced an organisation-wide ESOP liquidity program for the stock option holders among its employee base
The Bengaluru-based food delivery platform said all employees holding ESOPs will be eligible to participate in two liquidity events in 2022 and 2023, with the entire exercise worth $35-40 million, pegged to its current valuation of $5.5 billion.
Following this, employees&nbsp;will benefit from any potential value increase at the time of the liquidity in 2022 and 2023 while giving them the certainty of liquidity.
The announcement comes on the back of Swiggy&rsquo;s food delivery business surpassing pre-Covid levels, non-food businesses witnessing robust growth.

Swiggy rolls out two-year ESOP liquidity programme for employees

Swiggy to Tata Digital: ESOP bonanza worth billions for employees this festive season

Stocks and Liquidity! ESOP bonanza from startups 

Swiggy's program will be worth between $35 million and $40 million, based on Swiggy&rsquo;s current valuation of US$5.5 billion&nbsp;

It may be a share bonanza for employees of startups&nbsp;this festive season as&nbsp;Swiggy&nbsp;and Tata&nbsp;Digital are looking at ESOP&nbsp;plans to retain and woo employees.&nbsp;
The Bengaluru-based food delivery platform Swiggy said&nbsp; employees will be able to tender shares they hold in the company twice over the next two years. The entire exercise worth $35-40 million, pegged to its current valuation of $5.5 billion.&nbsp;
Also watch:&nbsp;<a title="Freshworks mega debut on Nasdaq; Indian SAAS startup creates 500 crorepatis in a first of a kind listing" href="https://www.editorji.com/business-news/markets/freshworks-mega-debut-on-nasdaq-indian-saas-startup-creates-500-crorepatis-in-a-first-of-a-kind-listing-1632367957085">Freshworks mega debut on Nasdaq; Indian SAAS startup creates 500 crorepatis in a first of a kind listing</a>
Tata&nbsp;Digital,&nbsp;which houses consumer-centric digital businesses for the billion dollar conglomerate may offer employee stock ownership plan (ESOP) to all its employees in a bid to attract and retain good talent reports ET.&nbsp; Recently startup&nbsp;Freshworks&nbsp;created 500 crorepatis&nbsp;from it's Nasdaq listing due to it's large ESOP&nbsp;program.&nbsp;
&nbsp;

Tata&nbsp;Groups's&nbsp;appetite for startup shopping did not end with&nbsp;BigBasket, 1mg &amp; CureFit&nbsp;reports indicate the salt to software conglomerate is now looking at scooping up hyperlocal&nbsp;delivery start up Dunzo.
As per reports in Deal Street the&nbsp; potential deal may value the six-year-old company at $150-200 million.&nbsp;Backed by Google, Duzno&nbsp;is a tech platform for essentials and groceries which has been a big push in growth due to the pandemic with a 300% jump in medicine and grocery sales in the last quarter itself.&nbsp;Duzno has also been making headlines as it piloting a project to conduct experimental drone delivery&nbsp;flights for the 'Medicine from the Sky Project'.Dunzo was launched in 2015 by Kabeer Biswas, Ankur Agarwal, Dalvir Suri and Mukund Jha.

Dunzo is the next startup on Tata's shopping list

Tata's&nbsp;startup&nbsp;shopping spree continues, this is the next business on the buy list..

This is the next startup on Tata's shopping list

Tata&nbsp;Groups's&nbsp;appetite for startup shopping did not end with&nbsp;BigBasket, 1mg &amp; CureFit&nbsp;reports indicate the salt to software conglomerate is now looking at scooping up hyperlocal&nbsp;delivery start up Dunzo.
As per reports in Deal Street the&nbsp; potential deal may value the six-year-old company at $150-200 million.&nbsp; Backed by Google, Duzno&nbsp;is a tech platform for essentials and groceries which has been a big push in growth due to the pandemic with a 300% jump in medicine and grocery sales in the last quarter itself.&nbsp;Duzno has also been making headlines as it piloting a project to conduct experimental drone delivery&nbsp;flights for the 'Medicine from the Sky Project'. Dunzo was launched in 2015 by Kabeer Biswas, Ankur Agarwal, Dalvir Suri and Mukund Jha.

Tata&nbsp;group is moving swiftly into new businesses via startups, the latest addition being fitness franchise CureFit.&nbsp;
Tata Digital Ltd. a wholly owned subsidiary of Tata Group, will invest $75 million in fitness startup Curefit&nbsp;previously called CultFit. Ratan Tata&nbsp;was an early investor in this health start up founded by Flipkart&nbsp;co-founder Mukesh&nbsp;Bansal. Bansal&nbsp;will also be appointed&nbsp;president of&nbsp;Tata Digital as&nbsp; and continue to lead his company as well.
This is the salt to software conglomerates third big investment into a startup&nbsp;post BigBasket&nbsp;and 1mg.&nbsp;

 Tata Digital invests in CureFit, Mukesh Bansal appointed President to Tata Digital

Tata&nbsp;group is moving swiftly into new businesses via startups, the latest addition being fitness franchise CureFit.&nbsp;

Healthy add to the investment list, Tata Digital invests in CureFit

Tata&nbsp;group is moving swiftly into new businesses via startups, the latest addition being fitness franchise CureFit.&nbsp;
Tata Digital Ltd. a wholly owned subsidiary of Tata Group, will invest $75 million in fitness startup Curefit&nbsp;previously called CultFit. Ratan Tata&nbsp;was an early investor in this health startup founded by Flipkart&nbsp;co-founder Mukesh&nbsp;Bansal. Bansal&nbsp;will also be appointed&nbsp;president of&nbsp;Tata Digital and continue to lead his company as well.
This is the salt to software conglomerates' third big investment into a startup&nbsp;post BigBasket&nbsp;and 1mg.&nbsp;

tata digital

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